Akash Modi presented on Samsung for his topic supervised by Mamatha Sandhu. Samsung was founded in 1938 in South Korea and is now the largest information technology company, measuring by 2012 revenues. It has assembly plants in 61 countries and became the top smartphone maker in 2012, overtaking Nokia. In 2012, Apple sued Samsung for patent infringement on smartphone technology and was awarded $1.05 billion. Samsung produces smartphones, tablets, TVs, and PCs, though it is not very successful in the Indian PC market. It expects to export 580 million phones in 2014, of which 410 million will be smartphones.